Announcement • May 10
C.S. Lumber Co., Inc to Report Fiscal Year 2026 Results on Jul 15, 2026 C.S. Lumber Co., Inc announced that they will report fiscal year 2026 results on Jul 15, 2026 Reported Earnings • Apr 16
Third quarter 2026 earnings released: EPS: JP¥38.92 (vs JP¥141 in 3Q 2025) Third quarter 2026 results: EPS: JP¥38.92 (down from JP¥141 in 3Q 2025). Revenue: JP¥4.92b (down 5.8% from 3Q 2025). Net income: JP¥72.0m (down 72% from 3Q 2025). Profit margin: 1.5% (down from 5.0% in 3Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Announcement • Apr 07
C.S. Lumber Co., Inc to Report Q3, 2026 Results on Apr 14, 2026 C.S. Lumber Co., Inc announced that they will report Q3, 2026 results on Apr 14, 2026 Reported Earnings • Jan 15
Second quarter 2026 earnings released: EPS: JP¥98.39 (vs JP¥199 in 2Q 2025) Second quarter 2026 results: EPS: JP¥98.39 (down from JP¥199 in 2Q 2025). Revenue: JP¥5.32b (down 2.0% from 2Q 2025). Net income: JP¥182.0m (down 51% from 2Q 2025). Profit margin: 3.4% (down from 6.8% in 2Q 2025). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Announcement • Nov 05
C.S. Lumber Co., Inc to Report Q2, 2026 Results on Jan 14, 2026 C.S. Lumber Co., Inc announced that they will report Q2, 2026 results on Jan 14, 2026 Reported Earnings • Oct 17
First quarter 2026 earnings released: EPS: JP¥109 (vs JP¥107 in 1Q 2025) First quarter 2026 results: EPS: JP¥109 (up from JP¥107 in 1Q 2025). Revenue: JP¥4.78b (up 7.9% from 1Q 2025). Net income: JP¥201.0m (up 1.5% from 1Q 2025). Profit margin: 4.2% (down from 4.5% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Reported Earnings • Sep 02
Full year 2025 earnings released: EPS: JP¥625 (vs JP¥776 in FY 2024) Full year 2025 results: EPS: JP¥625 (down from JP¥776 in FY 2024). Revenue: JP¥20.7b (down 2.2% from FY 2024). Net income: JP¥1.16b (down 19% from FY 2024). Profit margin: 5.6% (down from 6.8% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Announcement • Jul 26
C.S. Lumber Co., Inc to Report Q1, 2026 Results on Oct 15, 2025 C.S. Lumber Co., Inc announced that they will report Q1, 2026 results on Oct 15, 2025 Reported Earnings • Jul 17
Full year 2025 earnings released Full year 2025 results: Net income: (down JP¥1.44b from profit in FY 2024). Announcement • Jul 15
C.S. Lumber Co., Inc, Annual General Meeting, Aug 28, 2025 C.S. Lumber Co., Inc, Annual General Meeting, Aug 28, 2025. Upcoming Dividend • May 22
Upcoming dividend of JP¥80.00 per share Eligible shareholders must have bought the stock before 29 May 2025. Payment date: 01 September 2025. Payout ratio is a comfortable 13% but the company is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of Japanese dividend payers (4.0%). Lower than average of industry peers (3.8%). Announcement • May 01
C.S. Lumber Co., Inc to Report Fiscal Year 2025 Results on Jul 15, 2025 C.S. Lumber Co., Inc announced that they will report fiscal year 2025 results on Jul 15, 2025 Reported Earnings • Apr 15
Third quarter 2025 earnings released: EPS: JP¥141 (vs JP¥164 in 3Q 2024) Third quarter 2025 results: EPS: JP¥141 (down from JP¥164 in 3Q 2024). Revenue: JP¥5.22b (up 5.1% from 3Q 2024). Net income: JP¥261.0m (down 14% from 3Q 2024). Profit margin: 5.0% (down from 6.1% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Announcement • Feb 07
C.S. Lumber Co., Inc to Report Q3, 2025 Results on Apr 14, 2025 C.S. Lumber Co., Inc announced that they will report Q3, 2025 results on Apr 14, 2025 New Risk • Jan 12
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥5.12b market cap, or US$32.4m). Buy Or Sell Opportunity • Dec 03
Now 20% overvalued Over the last 90 days, the stock has fallen 16% to JP¥2,800. The fair value is estimated to be JP¥2,332, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 12%. Announcement • Nov 27
C.S. Lumber Co., Inc to Report Q2, 2025 Results on Jan 14, 2025 C.S. Lumber Co., Inc announced that they will report Q2, 2025 results on Jan 14, 2025 Reported Earnings • Oct 18
First quarter 2025 earnings released: EPS: JP¥107 (vs JP¥239 in 1Q 2024) First quarter 2025 results: EPS: JP¥107 (down from JP¥239 in 1Q 2024). Revenue: JP¥4.43b (down 17% from 1Q 2024). Net income: JP¥198.0m (down 55% from 1Q 2024). Profit margin: 4.5% (down from 8.3% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Reported Earnings • Sep 05
Full year 2024 earnings released: EPS: JP¥776 (vs JP¥1,212 in FY 2023) Full year 2024 results: EPS: JP¥776 (down from JP¥1,212 in FY 2023). Revenue: JP¥21.1b (down 14% from FY 2023). Net income: JP¥1.44b (down 36% from FY 2023). Profit margin: 6.8% (down from 9.1% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 27
C.S. Lumber Co., Inc to Report Q1, 2025 Results on Oct 15, 2024 C.S. Lumber Co., Inc announced that they will report Q1, 2025 results on Oct 15, 2024 Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to JP¥2,780, the stock trades at a trailing P/E ratio of 3.6x. Average trailing P/E is 9x in the Forestry industry in Japan. Total returns to shareholders of 60% over the past three years. Reported Earnings • Jul 18
Full year 2024 earnings released: EPS: JP¥776 (vs JP¥1,212 in FY 2023) Full year 2024 results: EPS: JP¥776 (down from JP¥1,212 in FY 2023). Revenue: JP¥21.1b (down 14% from FY 2023). Net income: JP¥1.44b (down 36% from FY 2023). Profit margin: 6.8% (down from 9.1% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 16
C.S. Lumber Co., Inc, Annual General Meeting, Aug 29, 2024 C.S. Lumber Co., Inc, Annual General Meeting, Aug 29, 2024. Upcoming Dividend • May 23
Upcoming dividend of JP¥80.00 per share Eligible shareholders must have bought the stock before 30 May 2024. Payment date: 02 September 2024. Payout ratio is a comfortable 9.4% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (2.1%). Announcement • May 03
C.S. Lumber Co., Inc, Annual General Meeting, Jul 16, 2024 C.S. Lumber Co., Inc, Annual General Meeting, Jul 16, 2024. Reported Earnings • Apr 16
Third quarter 2024 earnings released: EPS: JP¥164 (vs JP¥297 in 3Q 2023) Third quarter 2024 results: EPS: JP¥164 (down from JP¥297 in 3Q 2023). Revenue: JP¥4.97b (down 16% from 3Q 2023). Net income: JP¥304.0m (down 45% from 3Q 2023). Profit margin: 6.1% (down from 9.3% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 15% per year. Announcement • Jan 28
C.S. Lumber Co., Inc to Report Q3, 2024 Results on Apr 15, 2024 C.S. Lumber Co., Inc announced that they will report Q3, 2024 results on Apr 15, 2024 Reported Earnings • Jan 16
Second quarter 2024 earnings released: EPS: JP¥223 (vs JP¥358 in 2Q 2023) Second quarter 2024 results: EPS: JP¥223 (down from JP¥358 in 2Q 2023). Revenue: JP¥5.52b (down 15% from 2Q 2023). Net income: JP¥413.0m (down 37% from 2Q 2023). Profit margin: 7.5% (down from 10% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 28% per year whereas the company’s share price has increased by 24% per year. Announcement • Nov 03
C.S. Lumber Co., Inc to Report Q2, 2024 Results on Jan 15, 2024 C.S. Lumber Co., Inc announced that they will report Q2, 2024 results on Jan 15, 2024 Reported Earnings • Oct 18
First quarter 2024 earnings released: EPS: JP¥239 (vs JP¥335 in 1Q 2023) First quarter 2024 results: EPS: JP¥239 (down from JP¥335 in 1Q 2023). Revenue: JP¥5.35b (down 19% from 1Q 2023). Net income: JP¥442.0m (down 28% from 1Q 2023). Profit margin: 8.3% (down from 9.3% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Reported Earnings • Sep 05
Full year 2023 earnings released: EPS: JP¥1,212 (vs JP¥1,508 in FY 2022) Full year 2023 results: EPS: JP¥1,212 (down from JP¥1,508 in FY 2022). Revenue: JP¥24.5b (down 2.3% from FY 2022). Net income: JP¥2.24b (down 19% from FY 2022). Profit margin: 9.1% (down from 11% in FY 2022). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Announcement • Jul 31
C.S. Lumber Co., Inc to Report Q1, 2024 Results on Oct 16, 2023 C.S. Lumber Co., Inc announced that they will report Q1, 2024 results on Oct 16, 2023 New Risk • Jul 20
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 23% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (23% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (JP¥5.73b market cap, or US$41.1m). Reported Earnings • Jul 16
Full year 2023 earnings released: EPS: JP¥1,212 (vs JP¥1,508 in FY 2022) Full year 2023 results: EPS: JP¥1,212 (down from JP¥1,508 in FY 2022). Revenue: JP¥24.5b (down 2.3% from FY 2022). Net income: JP¥2.24b (down 19% from FY 2022). Profit margin: 9.1% (down from 11% in FY 2022). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Announcement • Jul 16
C.S. Lumber Co., Inc, Annual General Meeting, Aug 30, 2023 C.S. Lumber Co., Inc, Annual General Meeting, Aug 30, 2023. Announcement • May 24
C.S. Lumber Co., Inc to Report Fiscal Year 2023 Results on Jul 14, 2023 C.S. Lumber Co., Inc announced that they will report fiscal year 2023 results on Jul 14, 2023 Upcoming Dividend • May 23
Upcoming dividend of JP¥80.00 per share at 2.5% yield Eligible shareholders must have bought the stock before 30 May 2023. Payment date: 31 August 2023. Payout ratio is a comfortable 4.5% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Japanese dividend payers (3.5%). In line with average of industry peers (2.6%). Reported Earnings • Apr 16
Third quarter 2023 earnings released: EPS: JP¥297 (vs JP¥484 in 3Q 2022) Third quarter 2023 results: EPS: JP¥297 (down from JP¥484 in 3Q 2022). Revenue: JP¥5.88b (down 12% from 3Q 2022). Net income: JP¥548.0m (down 38% from 3Q 2022). Profit margin: 9.3% (down from 13% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth. Announcement • Feb 01
C.S. Lumber Co., Inc to Report Q3, 2023 Results on Apr 14, 2023 C.S. Lumber Co., Inc announced that they will report Q3, 2023 results on Apr 14, 2023 Board Change • Feb 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. MD & Director Tatsuo Miwa was the last director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Jan 17
Second quarter 2023 earnings released: EPS: JP¥358 (vs JP¥396 in 2Q 2022) Second quarter 2023 results: EPS: JP¥358 (down from JP¥396 in 2Q 2022). Revenue: JP¥6.48b (down 2.3% from 2Q 2022). Net income: JP¥660.0m (down 9.0% from 2Q 2022). Profit margin: 10% (in line with 2Q 2022). Announcement • Dec 02
C.S. Lumber Co., Inc to Report Q2, 2023 Results on Jan 16, 2023 C.S. Lumber Co., Inc announced that they will report Q2, 2023 results on Jan 16, 2023 Reported Earnings • Oct 18
First quarter 2023 earnings released: EPS: JP¥335 (vs JP¥277 in 1Q 2022) First quarter 2023 results: EPS: JP¥335 (up from JP¥277 in 1Q 2022). Revenue: JP¥6.64b (up 32% from 1Q 2022). Net income: JP¥616.0m (up 22% from 1Q 2022). Profit margin: 9.3% (in line with 1Q 2022). Reported Earnings • Sep 04
Full year 2022 earnings released: EPS: JP¥1,508 (vs JP¥489 in FY 2021) Full year 2022 results: EPS: JP¥1,508 (up from JP¥489 in FY 2021). Revenue: JP¥25.1b (up 54% from FY 2021). Net income: JP¥2.77b (up 211% from FY 2021). Profit margin: 11% (up from 5.5% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth. Announcement • Jul 31
C.S. Lumber Co., Inc to Report Q1, 2023 Results on Oct 17, 2022 C.S. Lumber Co., Inc announced that they will report Q1, 2023 results on Oct 17, 2022 Announcement • Jul 17
C.S. Lumber Co., Inc, Annual General Meeting, Aug 30, 2022 C.S. Lumber Co., Inc, Annual General Meeting, Aug 30, 2022. Reported Earnings • Jul 17
Full year 2022 earnings released: EPS: JP¥1,508 (vs JP¥489 in FY 2021) Full year 2022 results: EPS: JP¥1,508 (up from JP¥489 in FY 2021). Revenue: JP¥25.1b (up 54% from FY 2021). Net income: JP¥2.77b (up 211% from FY 2021). Profit margin: 11% (up from 5.5% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 47% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • May 23
Upcoming dividend of JP¥80.00 per share Eligible shareholders must have bought the stock before 30 May 2022. Payment date: 31 August 2022. Payout ratio is a comfortable 3.8% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.7%). Lower than average of industry peers (2.6%). Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment deteriorated over the past week After last week's 23% share price decline to JP¥3,610, the stock trades at a trailing P/E ratio of 2.7x. Average trailing P/E is 10x in the Forestry industry in Japan. Total returns to shareholders of 238% over the past three years. Valuation Update With 7 Day Price Move • Apr 21
Investor sentiment improved over the past week After last week's 25% share price gain to JP¥4,250, the stock trades at a trailing P/E ratio of 3.2x. Average trailing P/E is 10x in the Forestry industry in Japan. Total returns to shareholders of 314% over the past three years. Reported Earnings • Apr 15
Third quarter 2022 earnings released: EPS: JP¥484 (vs JP¥112 in 3Q 2021) Third quarter 2022 results: EPS: JP¥484 (up from JP¥112 in 3Q 2021). Revenue: JP¥6.65b (up 66% from 3Q 2021). Net income: JP¥888.0m (up 335% from 3Q 2021). Profit margin: 13% (up from 5.1% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 49% per year whereas the company’s share price has increased by 44% per year. Valuation Update With 7 Day Price Move • Jan 24
Investor sentiment deteriorated over the past week After last week's 20% share price decline to JP¥3,110, the stock trades at a trailing P/E ratio of 3.3x. Average trailing P/E is 8x in the Forestry industry in Japan. Total returns to shareholders of 243% over the past three years. Reported Earnings • Jan 16
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: JP¥396 (up from JP¥141 in 2Q 2021). Revenue: JP¥6.63b (up 59% from 2Q 2021). Net income: JP¥725.0m (up 182% from 2Q 2021). Profit margin: 11% (up from 6.2% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 22
Investor sentiment improved over the past week After last week's 71% share price gain to JP¥3,390, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 11x in the Forestry industry in Japan. Total returns to shareholders of 205% over the past three years. Reported Earnings • Oct 16
First quarter 2022 earnings released: EPS JP¥277 (vs JP¥72.04 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥5.05b (up 54% from 1Q 2021). Net income: JP¥507.0m (up 287% from 1Q 2021). Profit margin: 10.0% (up from 4.0% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Reported Earnings • Sep 06
Full year 2021 earnings released: EPS JP¥489 (vs JP¥351 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥16.3b (up 4.5% from FY 2020). Net income: JP¥890.0m (up 40% from FY 2020). Profit margin: 5.5% (up from 4.1% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jul 18
Full year 2021 earnings released: EPS JP¥489 (vs JP¥351 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥16.3b (up 4.5% from FY 2020). Net income: JP¥890.0m (up 40% from FY 2020). Profit margin: 5.5% (up from 4.1% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • May 22
Upcoming dividend of JP¥50.00 per share Eligible shareholders must have bought the stock before 28 May 2021. Payment date: 28 August 2021. Trailing yield: 2.6%. Lower than top quartile of Japanese dividend payers (3.0%). Higher than average of industry peers (1.9%). Valuation Update With 7 Day Price Move • May 11
Investor sentiment deteriorated over the past week After last week's 16% share price decline to JP¥1,710, the stock trades at a trailing P/E ratio of 4.1x. Average trailing P/E is 11x in the Forestry industry in Japan. Total returns to shareholders of 9.9% over the past three years. Reported Earnings • Apr 17
Third quarter 2021 earnings released: EPS JP¥112 (vs JP¥92.45 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: JP¥4.00b (down 5.8% from 3Q 2020). Net income: JP¥204.0m (up 21% from 3Q 2020). Profit margin: 5.1% (up from 4.0% in 3Q 2020). The increase in margin was driven by lower expenses. Is New 90 Day High Low • Feb 25
New 90-day high: JP¥1,752 The company is up 17% from its price of JP¥1,496 on 27 November 2020. The Japanese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Forestry industry, which is up 25% over the same period. Announcement • Feb 04
C.S. Lumber Co., Inc to Report Q3, 2021 Results on Apr 14, 2021 C.S. Lumber Co., Inc announced that they will report Q3, 2021 results on Apr 14, 2021 Is New 90 Day High Low • Jan 18
New 90-day high: JP¥1,724 The company is up 13% from its price of JP¥1,523 on 20 October 2020. The Japanese market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Forestry industry, which is up 24% over the same period. Reported Earnings • Jan 15
Second quarter 2021 earnings released: EPS JP¥141 The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: JP¥4.16b (down 2.1% from 2Q 2020). Net income: JP¥257.0m (up 53% from 2Q 2020). Profit margin: 6.2% (up from 4.0% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Reported Earnings • Oct 16
First quarter earnings released Over the last 12 months the company has reported total profits of JP¥681.0m, up 19% from the prior year. Total revenue was JP¥15.4b over the last 12 months, down 5.5% from the prior year.